Insights from BCC Research

FDA Approves First Digital Pill in Growing Medication Adherence Market

Posted by Laurie L. Sullivan on Dec 11, 2017 11:00:00 AM

First Digital Pill.jpegA higher incidence of chronic diseases worldwide and the demand for advanced medication adherence systems are fueling growth in this market, which has the potential to surpass $3.9 billion by 2021. A new study by BCC Research examines the industry’s prospects and technologies by disease applications and geographical regions.

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Topics: Life Sciences, Pharmaceuticals

Liquid Biopsy Market Soars Ever Higher

Posted by Laurie L. Sullivan on Oct 9, 2017 11:00:00 AM

Liquid biopsy is rapidly gaining traction as a supplement or alternative to tissue biopsy. Earlier this year, we noted that liquid biopsies continue to draw investments, and efforts prevail to establish the technique in mainstream medicine. Liquid biopsies have been likened to a Holy Grail of cancer treatment. By means of a simple blood draw, liquid biopsies aim to replace needle biopsies of solid tumors, which can be expensive for the healthcare system as well as painful for patients. For diagnosis of cancer, liquid biopsies could spare some of the risky tissue biopsies and reduce reliance on computed tomography scans, which must be limited because of the danger posed by overexposure to radiation.

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Topics: Life Sciences, Pharmaceuticals

As Demand Surges, Drug Tests Deliver on Speed and Simplicity

Posted by Laurie L. Sullivan on Sep 13, 2017 11:00:00 AM

fingerprint-Drug Testing.jpgThe steadily increasing demand for substance abuse test equipment forms a building block for medical technology companies, according to a new study by BCC Research. From estimated sales of $3 billion in 2016, the global drug testing industry is predicted to reach almost $4 billion by 2022. Technological advances and the entry of new innovative companies in the diagnostics industry have transformed the market.

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Topics: Life Sciences, Pharmaceuticals

Dengue, Zika Drive Global Markets for Neglected Tropical Diseases

Posted by Laurie L. Sullivan on Aug 31, 2017 10:00:00 AM

Vaccine.jpgThere is a growing need for the treatment or prevention of tropical diseases. Neglected tropical diseases are a significant cause of death and morbidity among affected communities worldwide. According to BCC Research, the total global addressable market for these diseases (see Table) was $1.4 billion in 2015. This market is projected to grow at a compound annual growth rate (CAGR) of 14.1% to surpass $2.6 billion by 2021. BCC Research’s study, Global Markets for Neglected Tropical Disease Treatments, found that some indications (such as the Ebola and Zika viruses) are resulting in double-digit sales growth, whereas others face declining investment.

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Topics: Life Sciences, Pharmaceuticals